Man’s Best Friend is his dog. That’s the cat’s meow! Just a bird in a gilded cage. A horse of a different color, Elsie the milk cow and lipstick on a pig. Animals are a huge part of our everyday lives. For some folks their world revolves around these four-legged friends. (Not all of which have legs, I had a client in the office once, for a very short time, with a boa constrictor around her neck, shudder….) So that got me thinking about my other favorite subject, taxes.

Pets have long been the subject of some of the tax professions best “Let me tell you what my client tried to deduct” stories. Who hasn’t heard of the “Cat lady” who wanted to take her babies as dependents and actually applied for SS numbers for them? Or the homeowner who wanted to deduct the costs of his dog because he was a guard dog, all Read More